Lets Pause A Second To Chase Those Trolls Back Under A Rock... Their Pants Are On Fire!

   Quite a flurry yesterday [link] of "comment angst" over the question of SECU's new member privacy rights policies - as yet, still unanswered.  The trolls were literally swarming, some quite frenzied...

✅ Here's the gist: Anonymous October 20, 2026 at 10:17 AM

"The privacy statements have been in place since you were CEO and are required by law. Are you suggesting SECU break the law? Don’t edit my comment now."

😎 Claims that the privacy statements have been in place for decades and have never changed are simply not true. 

✅ So who is telling the truth? How can you find out? 

✓ Easy enough, go to the SECU website !   [Here's the link!]

  

Before you delve into the new policies, scroll to the bottom and check out this statement: 

✔ "Changes to the Notice:  We may update this Notice to reflect changes in our privacy practices at any time without prior notice to you. When we do, we will update the Effective Date of the Notice. "

Now scroll back up to the top and read the very first line:

✔  "Effective date: July 15, 2026" 

  "... same for decades, never changed"? Decide for yourself... whose pants are alight!

 

  Character matters! So, does the truth... 

 

The 2026 SECU Annual Meeting: Q&A Recap - 'Splaining Stuff ... Too Much To "Ask"?

   The More The Merrier?

The last few days, commenters have obsessed over the $26.5 million insurance loan made to our CEO. Folks have jumped on that carousal with a vengeance.

✅ The lurid attraction is a dangerous distraction! As an SECU member, don't lose sight of the more fundamental questions [link] our CEO has - to date - refused to answer about: those "no amendment amendments", the new trampling of individual member privacy rights, revocation of member rights to speak, participate, and present resolutions at Annual meetings. 

✔ And then there is, the new 30 minute annual meeting limit on 3 million members to ask our CEO and Board questions! 

So, don't get too distracted by that $26.5 million painted pony; Ms. Brady has promised to answer and post all submitted questions. Commenters have sought clarity: what insurance company, what agent, what premium, what rate, whose cousin, "secured" by what, etc. 

✔ Lets hope the answer is not what one commenter said: "... More importantly, you have no right whatsoever to know that information" October 18, 2026 at 10:56 AM.  [Really? Surely you jest!]

Might point out that every North Carolina teacher and all state employees' annual salary/benefits are publicly published... as are the comp levels of CEOs at JP, Chase, Citi, and BOA. SECU shouldn't have anything to hide. 

✔ No right to know? Wrong about that! The reason the IRS requires disclosure is they want credit union members [and charity/non-profit supporters]  to know exactly what's going on due to rampant abuse in this benefit area.   

The BNC article [link] was somewhat sketchy: State regulators don't approve CEO compensation/benefits - a $26.5 million loan to any SECU member would of course raise their eyebrows! SECU execs already have substantial special retirement packages [SERPs] which didn't require approval.

😎 But, do your own research! Call up your life insurance agent, tell them you're a 60 year old female, in good health, and would like a quote on a $26.5 million life insurance policy. Let us know what they say!

  "No longer riding on the merry-go-round, ... " - J. Lennon